Stupid Asking Prices- Why Don't Sellers Read Audiogon The Blue Book First?

I’m amazed at the prices most people ask for used equipment. I frequently see 15 year old tube gear with 2000 or so hours on the valves offered for sale at insane-nobody-is-that-stupid prices. Frequently the seller lists the original retail price of the item in the ad then asks 1/2 of that- imagining that it must surely be worth at least 1/2 of retail right?

I’m perplexed as to why a seller does not consider the reliable Audiogon Blue Book as a guide, and consider the condition of the gear as a factor in resale value.

I have also seen sellers refuse an at market offer and say "for that price I’ll just put it in my storage place" while it further depreciates.

Is it that most guys with high end gear are rich enough to ignore the value of moving money because their sense of value is offended?

Asking for a friend......😎


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This is no different that used and new cars going for absurd prices, arbitrary and consistent price increases everywhere (supported by false "supply chain or covid related issues"), hamburgers now running $16-$19 when eating out, $10 pints of beer, and don't even get started talking about houses going 100k over asking price in bidding wars with lines of buyers ready to pay obscene amounts. As long as people line up and "happily" pay for what is nothing more than orchestrated gouging the prices will continue to be high. It's always interesting though on a case by case basis trying to GET top dollar for your own gear or car- then you get all of the "Oh that's too much, we're in a recession you know" arguments ! 

The idea that the Audiogon Bluebook is "reliable" is hilarious

any source of data needs to be understood for what it is - reliability is in the eye of the beholder, so to speak

a-gon bluebook tracks sales through the site over time... thus it is primarily a usa based data set, and it produces calculated ’averages’ over time for any given component

on most components with ample sales data, one can see a graph of prices at which they changed hands, as a function of time... so for an older, popular component (let’s say a c-j pv14 linestage) it will track from when it was pretty new, to the present, where it is now decades old - so the nominal ’average’ does not take into account the first falling, then later, stabilizing prices (a common depreciation curve) - one can also see the spread between ’mint’ units with ones in less wonderful condition, which can be useful

so like all other data sources that one can consult to inform buying or selling decisions, one simply needs to understand what the data set is, how it is gathered, how its presented ’answers’ are computed, and how one may need to ’peel the onion’ one layer or two to gain more insight

’reliable’ is as reliable as we choose to make it - like many things in life, getting good answers, making good decisions, being really informed, takes some effort and determination

@jjss49 You are absolutely on the money about how to use A'gon BB.  It is too bad that they don't use a more sophisticated way (fitted curvilinear trend line, for example) to get current estimates.  For my purposes in the table above, I had to use their "averages" simply for consistency andlabor intensity.  On any individual piece I am purchasing I tend to "mentally draw in" the fitted curve/line near the current date.  I also take into account the most likely "individual" sale prices vs. those that are dealer buys.

Because they don’t realize that nothing is worth any more than what someone is willing to pay for it.

Secondly, most of these people weren’t buying, and selling, gear on Audiogon since it’s inception. Therefore they don’t have a clue what gear is worth. Don’t mind me, I’m an old dog. How many here actually bought used gear on Those were the days in the early 90’s, long before AG existed. Who remembers AudioWeb Classifieds? Remember when Audio Review had the biggest used gear marketplace on the internet?

I can only answer .... "I do".  If you have been buying and selling from the '80's or 90's you can almost instinctively know if a price is fair or not.